Business
LG Boss Wants Oil Firms To Stop Patronising Criminals
The Chairman Caretaker Committee of Ogba/Egbema/Ndoni Local Government Area (ONELGA), Barr Osi Olisah has expressed dismay over the activities of some multinational oil companies and other corporate organisations which romance with criminals and outlaws in the area.
Speaking with newsmen in Omoku, headquarters of ONELGA, at the wake of the New Year killings in the area last Friday, the C.T.C chairman, said oil companies should concentrate in the discharge of their corporate social responsibilities rather than patroniSing criminals through cash offers and other incentives.
He emphasiSed that most criminals who disturbed the peace of the area receive patronages from oil firms, who prefer to hobnob with them rather than rendering development services to the communities.
The council boss urged oil companies operating in the area to contribute their quota towards the promotion of sustainable peace and development by working with other key stakeholders to tackle the security challenges. He consoled with the families of the victims of the New Year massacre and lauded the Rivers State Governor over his concern and commitment towards tackling the security challenges in the state.
Similarly, the Rivers State Commissioenr of Police, Zaki Ahmed, has also appealed to multinational companies operating in ONELGA, to support the police through the provision of incentives to fight crime and insecurity in the area.
The police boss disclosed this while briefing newsmen on the Omoku killings in his office recently.
Taneh Beemane
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
Niger Delta5 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports5 days agoSimba open Nwabali talks
-
Nation5 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta5 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta5 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers5 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy5 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News5 days agoDiocese of Kalabari Set To Commence Kalabari University
